Bondi Beach for SALE Amazing History
Australia s famous Bondi Beach's first release passed in!
The Bondi Estate story and original developer Francis O'Brien
Richard Butler, a beachfront estate property developer, looks back to the History of this arguably the most famous beach in the world, "Bondi."
The name Bondi comes from the Aboriginal "Boondi" and, according to some authorities, means "water tumbling over rocks."
An Amazing fact is that the first developer of Australia's most famous beach, William Roberts's first sale weekend had no takers, yes, not one sale in the first release!
We can only think what William would say if we could talk to him today to inform him that a rundown semi sold last week on less than 500 SQM for over 4 million non-beachfront and 1 million over reserve!
Bondi beach was sold for ￡300 pounds ($600 dollars) for 200 acres in 1851
The first land grant in the Bondi area was made during the term of Governor Bligh to William Roberts on December 22 1809.
When Governor Macquarie succeeded Bligh, he revoked all land grants that had been made but regranted the land to Roberts in 1810. The grant of 200 acres included almost the whole frontage of Bondi Beach and back as far as Old South Head Road.
This land was purchased in 1851 for ￡300, by Edward Smith Hall in trust for his daughter, Georgiana, who had married Francis O'Brien.
(Smith Hall was known as 'Monitor' Hall, after the newspaper he'd cofounded in 1826).
A year later, Smith Hall and O'Brien decided to subdivide the land, and offered it for sale in the?Sydney Morning Herald. Given that the land was mostly sand hills at the time, and too far from Sydney Town, there were no takers.
Francis O'Brien then purchased the land from Smith Hall and renamed it the 'O'Brien Estate'. The estate contained the family house known as 'The Homestead', with extensive flower and vegetable gardens and a busy farm that employed many local men.
The surrounding property had many freshwater lagoons. One, near the Homestead, covered two acres and was??described as 'lying like a great mirror [reflecting] the trees and banks, and in places, it was covered with water lilies.'
The land was also scattered with paperbarks, swamp she-oaks and large-leafed coastal tea trees, some over 30 feet high, their dense foliage providing welcome shade from the summer sun.
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Bondi beach NSW 2026 is today fully developed.Population 2021 census 11,513 and has 6,498 private dwellings, median weekly houshold income $2795.Average house sale price $3,581,000 rent $1,417 PW yeild 2.05% source NSW real estate data
It was here that Francis O'Brien raised his family. He married three times and fathered 11 children.
He also built a mausoleum on around four acres of the property, and generations of the O'Brien and Smith Hall families were buried within – including, tragically, two of his young daughters who drowned in one of the lagoons.
O'Brien sold parcels of his estate over the years, and by the time of his death in 1896, the titles were all in other hands.
lets now look at recent sales in Bondi so back to the future its reported Hedge fund manager Mr Spencer Young bought the property for $ 9 million in 2006 - a then-record for Bondi ?now reported sold for $ 25 million
The home boasted a $ 25 million price guide under sales agent Martin Maskin, the founder of Raine and Horne Double Bay/Bondi Beach. Mr Spencer Young has previously rejected offers of $ 24 million, meaning the actual price of the deal likely exceeded the guide. Unfortunately, a confidentiality clause in the sale means the new owner of the property and the final sale figure cannot be disclosed, reported?realestate.com.au?
We hope you enjoy our articles on the History of waterfront development land.
The writer has been a developer of absolute beachfront & waterfront projects since 1980 and 2008 in the Republic of Vanuatu, an 84-island archipelago just over 3 hour flight from Sydney, Australia.
We are looking for single lot investors & joint venture partners; Reach out for details of opportunities that are no longer affordable in Australia & New Zealand, and we are always looking for" top gun" sales agents.
You can visit our Malekula island beachfront property offers via this link.
Call Richard Butler today at +61417007792 for obligation-free details on investment land subdivisions, resort projects and agriculture farmlets; our Vanuatu company is also an agent for Vanuatu passports, citizenship, and permanent residency, which can be processed in 30 to 60 days to approved applicants.